Despite delays, weekend closures and overcrowding, Britons love affair with the railways seems to grow stronger every year. Passenger numbers have risen by 50 per cent since the mid 1990s and, so far, the rate of increase shows no sign of abating. The reasons for the boom are fairly straightforward. Railways have always done well at times of economic growth and the big driver is commuting as passengers with season tickets now account for half of all journeys. In particular, the economy of London and the South East, where rail has a captive market, is rising at a far faster […]
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